StrongPoint

Regulatory Filings • Oct 10, 2023

Largest grocery retailer in Baltics, Maxima, signs multi-year framework agreement for StrongPoint Self-Checkouts

Largest grocery retailer in Baltics, Maxima, signs multi-year framework agreement for StrongPoint Self-Checkouts

10.10.2023 12:25:16 CEST | StrongPoint | Additional regulated information

required to be disclosed under the laws of a member state

(Oslo, 10 October 2023), StrongPoint, a leading retail technology provider, has

signed a three-year framework agreement with the Baltic-based grocery retailer

Maxima Grup? UAB to provide at least 1,000 StrongPoint self-checkout units.

Maxima Grup? is the largest grocery retailer in the Baltics and has over 1,500

stores in Lithuania, Latvia, Estonia, Poland and Bulgaria. This agreement is for

their grocery stores in the Baltics.

Maxima Grup? plans to scale its current self-checkout offering across more of

its stores and invited multiple self-checkout providers to the procurement

process. The objective was to identify a solution that provided a

next-generation shopping experience, innovative features, as well as outstanding

maintenance, service and support.

"Recently, Maxima was chosen as one of the most loved brands among customers in

the Baltic states and the most loved brand among customers in Lithuania. This

encourages us to continue improving the store and the shopping experience, which

is closely linked to the smooth operation of self-service checkout processes.

Maxima always offers various practical innovations to its customers, so we

believe that the self-service checkout solutions implemented by our chosen

partner, StrongPoint, will make shopping easier and faster for customers, while

also simplifying the work for store employees," said Manfredas Darguzhis, CEO of

Maxima Grup?.

"The success of this project is down to our exceptional and dedicated local

team. It is also down to our next-generation self-checkout solution that

provides an unrivalled customer checkout experience. We look forward to serving

this important regional customer going forward and working together to create

the very best customer experiences," said Rimantas Mazhulis, SVP of StrongPoint

Baltics.

"I am extremely proud to announce this customer win for our outstanding and

award-winning self-checkout solution. That such a significant grocery retailer

chose StrongPoint's solution over some of the world's most well-recognised

retail technology brands is a testament to our relentless dedication to

innovation and delivering value to our grocery retail customers," said

StrongPoint CEO Jacob Tveraabak.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

CONTACTS

* Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,

jacob.tveraabak@strongpoint.com

ABOUT STRONGPOINT

StrongPoint is a grocery retail technology company that provides solutions to

make shops smarter, shopping experiences better and online grocery shopping more

efficient. With over 500 employees in Norway, Sweden, the Baltics, Spain, the UK

and Ireland and together with a wide partner network, StrongPoint supports

grocery and retail businesses in more than 20 countries. StrongPoint provides

in-store cash management and payment solutions, electronic shelf labels,

self-checkouts, task and labor management software, click & collect

temperature-controlled grocery lockers, in-store and drive-thru grocery pickup

solutions and grocery order picking solutions, both manual and automated.

StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange

with a revenue of approx 1.4bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/2663/3706/Download%20announcement

%20as%20PDF.pdf